The project will be the single-largest
private sector investment in the Niger Delta region of
Nigeria, creating 15,000 jobs during the construction phase, with the
potential to create over 5,000 permanent jobs upon
completion.

The plant is expected to be operational in 2018.

The proposed plant will produce 3,850 tpd of urea, 5,000 tpd
of methanol and 500 MMSCFD of natural
gas. Gas feedstock is to be provided
through a direct supply from Shell's OML 33 field.

Project management consulting for
the urea/methanol plant will be performed by
Engineers India Ltd. (EIL), with the
shortlisted EPC and O&M contractor to be selected in
early June.

Helm AG, a leading global chemicals marketer, has been
confirmed as an offtaker.

Investors in Brass Fertilizer include a subsidiary of DSV
Group, a leading Nigerian provider of innovative solutions to
the local pipeline industry, Haldor Topsøe, Maj
Invest, Investment Fund for Developing Countries (IFU),
Swedfund and the Bayelsa government.

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